Elon Musk warns Twitter could face bankruptcy as top executives flee.

Elon Musk told Twitter staff Thursday to brace for "difficult times ahead" and warned that the company could go bankrupt if it doesn't find new ways of making money.

Speaking at an all-employee meeting on Thursday, Musk said Twitter was losing money and that "bankruptcy isn't out of the question," according to reporting from Platformer and Bloomberg.

The revelations marked another whirlwind day since Musk took control of the social media platform. https://www.cbsnews.com/news/twitter-bankruptcy-elon-musk-warns-executives-resign/